What is FSA infinisource?

A Flexible Spending Account (FSA) is an employer‐sponsored benefit plan that allows employees to deduct money from their pay on a pre-tax basis. By offering an FSA, the employer saves payroll taxes and the employee saves FICA, Federal and State taxes. Get a Quote.

Is infinisource now iSolved?

Infinisource is now isolved Benefit Services. The same company you have grown to trust. While our name has changed, we are still the same company you have grown to trust over the years. We are coming together under one brand working towards shared goals.

What qualifies for HRA reimbursement?

HRAs can be used to pay for qualified medical expenses, which include prescription medications, insulin, an annual physical exam, crutches, birth control pills, meals paid for while receiving treatment at a medical facility, care from a psychologist or psychiatrist, substance abuse treatment, transportation costs …

What is an HRA and how does it work?

An HRA, or health reimbursement arrangement, is a kind of health spending account provided and owned by an employer. The money in it pays for qualified expenses, like medical, pharmacy, dental and vision, as determined by the employer.

How do I check my infinisource FSA balance?

Contact Infinisource Customer Service Representatives at 866-370-3040 or email at [email protected]. Easily check information now using an iPhone, iPod Touch, iPad or Android-powered device.

How do I log into my iSolved account?

Logging into the iSolved | Go Application

  1. Enter your iSolved user name in the User Name field. This is always your email address.
  2. Enter your iSolved password in the Password field.
  3. Click on the Login button to log into the application.

Did iSolved buy infinisource?

CHARLOTTE, N.C.–(BUSINESS WIRE)–In order to maximize effort on the growing human capital management (HCM) technology market, iSolved has spun off from Infinisource as iSolved HCM.

What can HRA funds be used for?

You can use the funds in your HRA to pay for eligible medical expenses, as determined by the IRS and your employer. Some employers may only allow the HRA to pay for services covered by your health plan. Some employers may also let you use funds in the account to pay for dental, vision or other services.

Can I withdraw money from my HRA?

You can’t cash out your HRA. Unused HRA funds are either rolled over to be available for eligible expenses the following year or retained by your employer — and your employer can decide which of these options to allow. But you can never choose to withdrawal HRA money for unapproved use.

Is an HRA worth it?

HRAs are an excellent way to provide a well-rounded health benefit and allow employees to pay for the specific medical expenses that meet their individual needs. It’s an especially budget-friendly option for small businesses that can’t afford a group health insurance plan.

Can I withdraw money from my HRA account?

Does iSolved have an app?

Accuracy, Ease, and Convenience. isolved Go makes tracking accurate time for mobile employees as easy, efficient, and familiar as using an app on their iPhone or Android phone.